Pre-IPO Sector News Update

February 15, 2021

• Last week, Coupang filed its S1 for its upcoming IPO

• Reddit raised $250 million at a $6 billion valuation.

• SentinelOne planned to acquire Scalyr, a startup that developed a logging analytics and management suite, for $155 million.

• ZocDoc raised $150 million in a new funding round.

The news articles and links presented below are available for your reference.

COUPANG

“ SoftBank-backed E-commerce Giant Coupang Files for IPO”

• https://www.cnbc.com/2021/02/12/softbank-backed-e-commerce-giant-coupang-files-for-ipo-.html

REDDIT

“Reddit’s Valuation Doubles to $6 Billion After New $250 Million Funding Round”

• https://www.cnbc.com/2021/02/09/reddits-valuation-doubles-to-6-billion-after-new-250-million-funding-round-.html

SENTINELONE

“ SentinelOne to Acquire High-speed Logging Startup Scalyr for $155M”

• https://techcrunch.com/2021/02/09/sentinelone-acquires-high-speed-logging-startup-scalyr-for-155m/

ZOCDOC

“Zocdoc Announces $150 Million in Growth Financing from Francisco Partners”

• https://www.prnewswire.com/news-releases/zocdoc-announces-150-million-in-growth-financing-from-francisco-partners-301226950.html